Financial Obligations to the Federal Government Sample Clauses

Financial Obligations to the Federal Government. The Recipient agrees to remit to the Federal Government the Federal interest in the fair market value of any Project property prematurely withdrawn from appropriate use. In the case of fire, casualty, or natural disaster, the Recipient may fulfill its obligations to remit the Federal interest by either:
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Financial Obligations to the Federal Government. Unless otherwise approved in writing by the Federal Government, the Recipient agrees to remit to the Federal Government the Federal interest in the fair market value of any Project property prematurely withdrawn from appropriate use. In the case of fire, casualty, or natural disaster, the Recipient may fulfill its obligations to remit the Federal interest by either: 1 Investing an amount equal to the remaining Federal interest in like-kind property that is eligible for assistance within the scope of the Project that provided Federal assistance for the property that has been prematurely withdrawn from use; or 2 Returning to the Federal Government an amount equal to the remaining Federal interest in the withdrawn Project property.
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Financial Obligations to the Federal Government. Unless otherwise approved in writing by the Federal Government, the Indian Tribe agrees to remit to the Federal Government the Federal interest in the fair market value of any Tribal Transit Project property prematurely withdrawn from appropriate use. In the case of fire, casualty, or natural disaster, the Indian Tribe may fulfill its obligations to remit the Federal interest by either:
Sample 1Sample 2Sample 3
Financial Obligations to the Federal Government. Unless otherwise approved in writing by the Federal Government, the Recipient agrees that if its Project property is prematurely withdrawn from appropriate use: 1 It will return an amount equal to the remaining Federal interest in the withdrawn Project property to the Federal Government, or 2 With FTA approval, it will invest an amount equal to the remaining Federal interest in the withdrawn property in like-kind property that is eligible for funding within the scope of the Project that provided Federal funds for the property that has been prematurely withdrawn from use.
Sample 1Sample 2
Financial Obligations to the Federal Government. Unless otherwise approved in writing by the Federal Government, the Indian Tribe agrees that if its Tribal Transit Project property is prematurely withdrawn from appropriate use: 1 It will return an amount equal to the remaining Federal interest in the withdrawn Tribal Transit Project property to the Federal Government, or 2 With FTA approval, it will invest an amount equal to the remaining Federal interest in the withdrawn property in like-kind property that is eligible for funding within the scope of the Tribal Transit Project that provided Federal funds for the property that has been prematurely withdrawn from use.
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Related to Financial Obligations to the Federal Government

  • Payment of Financial Obligations The payment or provision to the Executive by the Company of any remuneration, benefits or other financial obligations pursuant to this Agreement shall be allocated among the Operating Partnership, the REIT and any subsidiary or affiliate thereof in such manner as such entities determine in order to reflect the services provided by the Executive to such entities; provided, however, that the Operating Partnership and the REIT shall be jointly and severally liable for such obligations.

  • Financial Obligation While this contract is in effect, the student is required to meet the financial obligations of this contract. Housing fees are charged through the Account Services Office. Students must pay their accounts per the policies of that office.

  • FINANCIAL OBLIGATIONS There will be no transfer of funds between the Parties under this Agreement and each Party will fund its own participation. All activities under or pursuant to this Agreement are subject to the availability of funds, and no provision of this Agreement shall be interpreted to require obligation or payment of funds in violation of the Anti-Deficiency Act, (31 U.S.C. § 1341).

  • No Financial Obligation No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement.

  • NO OBLIGATION BY FEDERAL GOVERNMENT The U.S. federal government is not a party to this Contract or any purchase by a Participating Entity and is not subject to any obligations or liabilities to the Participating Entity, Supplier, or any other party pertaining to any matter resulting from the Contract or any purchase by an authorized user.

  • Conditions to the Obligation of the Company The obligation of the Company to effect the Merger shall be subject to the satisfaction or waiver prior to the Effective Time of the following additional conditions:

  • Conditions to the Obligations of the Company The obligations of the Company to consummate the Merger are subject to the satisfaction or waiver (where permissible) of the following additional conditions:

  • Obligations to the Company During his Employment, the Executive (i) shall devote his full business efforts and time to the Company, (ii) shall not engage in any other employment, consulting or other business activity that would create a conflict of interest with the Company, (iii) shall not assist any person or entity in competing with the Company or in preparing to compete with the Company and (iv) shall comply with the Company’s policies and rules, as they may be in effect from time to time.

  • Additional Conditions to the Obligations of the Company The obligation of the Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by the Company:

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